- Investment promotion
Granting investment approvals for three projects in the province
20/07/2020
The Provincial People’s Committee has issued approval for investment proposals of Hoang Giang Trading Co., Ltd, Thinh Hung General Trading Construction Co., Ltd, and Bao Phat Glass Co., Ltd to invest in their projects in the province.
Demonstration photo
The plastic wicker production factory of Hoang Giang Trading Co., Ltd. is invested in Ngoc Thanh 2 village, Phuoc An commune, Tuy Phuoc district. The total capital of the project is VND 15.1 billion, the the construction area is 4,520.5 m2. The project's goal is to build a factory producing plastic wicker furniture with a capacity of 22,000 products /month. The project implementation is from the third quarter 2020 to the fourth quarter of 2021.
The centrifugally cast concrete electric poles and sewer pipes of Thinh Hung General Trading Construction Co., Ltd is registered to invest in Dai Thanh Industrial Cluster, My Hiep commune, Phu My district. Its total capital is VND 10 billion dong, covering an area of 19,887.5 m2. The project objective is to produce concrete electric poles and sewer pipes using centrifugal spinning technology. The project construction will be started from the third quarter of 2020 and by the fourth quarter of 2021, the project will go into operation.
The safety glass processing factory project of Bao Phat Glass Co., Ltd. is to be invested in group 2, area 8, Bui Thi Xuan ward, Quy Nhon city. The project will use a capital of approximately VND 15 billion and an area of 7,000 m2. The project's goal is to produce toughened glass with a capacity of 100,000 m2 of glass products /year. The project implementation is from the first quarter of 2020 to the first quarter of 2022.
Since the beginning of 2020, the Department of Planning and Investment has submitted to the provincial People's Committee to approve for 39 project proposals with total registered capital of VND 2,743 billion.
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